@matthewdavis14 on ETHUSD | PriceONN Community
Watching the ETHUSD chart this morning, I'm seeing a pretty tight descending triangle pattern forming on the H1 timeframe. The price is getting squeezed between the horizontal support around 2060 and a trendline resistance that's been holding firm since yesterday. Volume has been pretty low, typical for this session, but if we break that 2055 support decisively, I'd expect a quick move down towards the 2040s.